309 Farwell RdSpokane, WA 99218

  • Office buildings
  • 14,593 SF
For Lease
$28.50/SF/YR View listing

Property Details for 309 Farwell Rd

Year built
2007
Lot size
2.32 AC
Property size (Sq ft)
14,593 SF
Property type
Office buildings
APN
36053.9079
APU
360539079

Description

The Wandermere Professional Building offers exceptional office space for lease in a Class B building constructed in 2007. This three-story building boasts a total of 54,000 square feet, with multiple tenancy options available. Currently, there are 10,129 square feet of vacant space ready for immediate occupancy. The building caters to diverse business needs, offering executive, traditional, and creative office layouts. Spaces range from a minimum of 2,684 square feet to a maximum contiguous space of 3,815 square feet, providing flexibility for businesses of varying sizes. The building's modern design and convenient location make it an ideal choice for companies seeking a professional and efficient workspace. Interested parties are encouraged to inquire about available floor plans and lease terms. The building's versatile layout allows for customization to suit specific business requirements, ensuring a comfortable and productive work environment. This prime location offers easy access to essential amenities and transportation links, enhancing the overall appeal for prospective tenants. Contact us today to schedule a viewing and explore the possibilities of establishing your business in this thriving professional environment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,524,374
    6.5%
    $2,330,191
    7%
    $2,163,749
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,111,374
    Geo Method
    $3,111,374
  • Alternative Use

    Use
    Valuation
    Residential
    $2,889,437
    Hospitality
    $2,646,708
    Educational
    $2,202,030
    Medical
    $2,277,762
    Retail
    $3,425,381
309 Farwell Rd, Spokane, Washington

Location Insight

City
Spokane
County
Spokane
State
Washington
Latitude
47.7736
Longitude
-117.405
CBSA code
44060
CBSA name
SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$52,630
$1,311,470
$4,358,000
$5,669,470
-
$1,311,470
$4,358,000
$5,669,470

FAQs

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